Blog

  “The Florida Legislature and Gov. Rick Scott didn’t see eye to eye on much during the 2016 session, but they both acknowledged education spending should go up. Even then, however, they couldn’t agree on how to do it. Scott wanted to pay for it almost entirely by increasing a share of property taxes knownRead more

Article: housingwire.com “It’s official. Confirming plans that HousingWire brought to light late last year and further revealed earlier this year, Nationstar Mortgage will indeed be launching a massive rebranding later this year and changing its name to Mr. Cooper. Nationstar CEO Jay Bray confirmed the company’s plan to rebrand as Mr. Cooper during a callRead more

Real Estate News : As investors scoop up older housing properties South Beach workers feeling the squeeze by: Nicholas Nehamas, Joey Flechas “Last week’s purchase of 15 older Art Deco-era apartment buildings in South Beach has workers fearing they won’t be able to remain in the area much longer, the Miami Herald is reporting. DevelopmentRead more

Eric Snider | Tampa Bay Business Journal | “If you ever get the creepy feeling that your neighborhood resembles a set from “The Walking Dead,” maybe it’s because greater Tampa Bay ranks way up on the list of zombie foreclosures. These are properties that have started the foreclosure process but never foreclosed and the homeowner has vacated.Read more

Mary Shanklin | Orlando Sentinel | “More than 5,200 Orlando-area houses in foreclosure sat vacant during the second quarter, making the region one of the leading “zombie” foreclosure markets in the country, a new report shows. In Orange, Seminole, Lake and Osceola counties, 22,700 houses and condos were in some stage of foreclosure during theRead more

SUSAN TAYLOR MARTIN | Tampa Bay Times | “In February, a new company in Tampa called RE-710 got a terrific deal. It paid $5,700 for a five-bedroom home valued at $311,000. The same month, RE-710 acquired control of dozens of other houses and condos throughout the Tampa Bay area for just cents on the dollar.Read more

National Mortgage Professional Magazine | “RealtyTrac released its U.S. Foreclosure Market Report for May 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 109,824 U.S. properties in May, a five percent decrease from the previous month and a 26 percent decrease from May 2013 to the lowest monthlyRead more

By Marcie Geffner of Bankrate.com “Buying a home is a challenging goal for most hopeful homeowners. But for those who have experienced a bankruptcy, foreclosure or short sale, the hurdles are even higher. Still, it’s not impossible to buy a home after financial difficulties, says Dan Keller, a mortgage banker with Hometown Lending in Everett, Wash. In fact,Read more

Staff | Tampa Bay Business Journal | “Tampa socialites Jill and Dr. Scott Kelley have avoided losing their mansion on Bayshore Boulevard to foreclosure. Under a mortgage modification with , the Kelleys have agreed to pay $9,747 per month until they repay the $1.7 million still owed on the house, the Tampa Bay Times said. According to documents filedRead more

Mamta Badkar | Business Insider | “112,498 U.S. properties received foreclosure filings in February, according to RealtyTrac. This was down 27% from a year ago and was the lowest monthly total since December 2006. In fact, one in every 1,170 U.S. homes received a foreclosure filing in February. But the headline number can be misleading. “Cold weather andRead more